Two years later, a financial daily, Milano Finanza, reported that Rocksoil's accounts showed that it had won a contract, as part of the Lyons-Turin railway link, for an access tunnel on the French side of the border.

ECONOMIST: Italy's high-speed train link: Boring through the Alps | The

If the Hudson Yards project continued without the casement, officials said, it would block access for any new tunnel projects looking to serve Penn Station's existing tracks.

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The turnaround plan, known as Project Galaxie, includes proposals to cut access rates to the tunnel for Eurostar high speed passenger trains, and freight operators EWS and SNCF.

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The city hired the consultant Parsons Brinckerhoff in early 2011 to study the merits of extending the subway, shortly after New Jersey Gov. Chris Christie canceled the planned "Access to the Region's Core" cross-river tunnel project, which was a blow to those who believe the region is hampered by the limited capacity for trains crossing the Hudson between Manhattan and the suburbs.

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